950 N Washington Ave | Cookeville, TN 38501
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- LoopNet Team
950 N Washington Ave
Cookeville, TN 38501
Walgreens · Retail Property For Sale
Investment Highlights
- Tenant reported sales of $3.4mm in 2023
- Positioned on the corner of Washington Ave. and East 10th Street which averages 29,000 VPD and located adjacent to Tennessee Tech
- TN is an income tax free state
- Lease calls for 5% rental increases every 5 years throughout the term
- Cookesville is projected to have an 8% increase in population growth over the next 5 years.
Property Facts
Property Type
Retail
Property Subtype
Drug Store
Building Size
16,530 SF
Building Class
B
Year Built
2010
Tenancy
Single
Building Height
1 Story
Building FAR
0.32
Lot Size
1.20 AC
Zoning
NC - Neighborhood Commercial
Parking
58 Spaces (3.91 Spaces per 1,000 SF Leased)
Frontage
238’ on WASHINGTON AVE
Amenities
- Corner Lot
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Signalized Intersection
Property Taxes
| Parcel Number | 040N-F-002.00 | Improvements Assessment | $616,080 |
| Land Assessment | $167,200 | Total Assessment | $783,280 |
Property Taxes
Parcel Number
040N-F-002.00
Land Assessment
$167,200
Improvements Assessment
$616,080
Total Assessment
$783,280
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